Tesla Inc. CEO Elon Musk has strongly condemned California’s plans to shut the company’s electric vehicles out of consumer rebates under a new proposal, calling it an “insane” decision.
Current Developments in Tesla Stocks
Tesla Inc. shares closed lower on Monday following reports that the company’s vehicles would not be eligible for rebates under a new California consumer rebates proposal.
Elon Musk Targets Pointless Regulations as Tesla Battles Environmental Issues
As Elon Musk takes on a new role as co-head of the Department of Government Efficiency (DOGE), his stance on deregulation has raised concerns about the future of environmental regulations affecting his companies. This comes amidst recent reports of environmental violations at Tesla’s Austin and Fremont plants.
Elon Musk's Net Worth Surpasses $330 Billion Mark
Elon Musk’s net worth has reached a staggering $347.8 billion, cementing his position as one of the wealthiest individuals in the world. This substantial increase in wealth is attributed to a remarkable surge in the stock of Tesla Inc. and a successful funding round for his AI startup, xAI.
Cybertruck in the Spotlight: Can Tesla's Unconventional Vehicle Secure Government Deals?
Tesla’s Cybertruck has been making headlines with its unique design and electric capabilities. Recently, the vehicle was spotted in President-elect Donald Trump’s motorcade during a visit to SpaceX’s Starbase in Texas. This has raised questions about the potential for the Cybertruck to secure government deals.
SEC Bid to Penalize Musk Over Missed Testimony Rejected by Judge
A federal judge has dismissed the U.S. Securities and Exchange Commission’s (SEC) request to penalize Elon Musk for skipping a court-ordered deposition in its investigation into his $44 billion acquisition of Twitter, now known as X.
Decoding Tesla's Options Trading Landscape
Deep-pocketed investors have recently adopted a bearish approach towards Tesla, and it’s something market players shouldn’t ignore.
Tesla Surges 55% in a Month Fueled by China Growth and Bullish Trends.
Tesla Inc. continues to defy expectations, not just as a trailblazer in the electric vehicle (EV) market but also as a juggernaut in the stock market. With its stock up 45.02% over the past year, 36.72% year-to-date, and 55.82% in just the last month, Tesla has firmly established itself in bullish territory.
Elon Musk Dampens Hopes for Affordable $30K Tesla Robotaxi.
Tesla Inc. CEO Elon Musk has tempered down customer expectations of purchasing the company’s dedicated robotaxi offering, the Cybercab, and its humanoid robot called Optimus for about $30,000 each. Musk stated that this would be possible only in the “long-term.”
EU Tesla Registrations Plummet 20% in October, Threatening 2024 EV Goal
New vehicle registrations for Tesla Inc. in the European Union (EU) continue to decline, putting the company’s global EV delivery target for the year at risk. According to data from the European Automobile Manufacturers’ Association (ACEA), Tesla had 11,088 vehicle registrations in the EU in October, marking a drop of 21% from the corresponding period last year.